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Property profile & analytics
OFF-MARKET
Land

0 Williams Blvd Fairfax, IA 52404

7.09 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.09-acre commercial land parcel in Cedar Rapids, Iowa, presents a compelling investment opportunity. Located near Williams Blvd in the 52404 zip code, this property is currently zoned agricultural but is anticipated to transition to a Suburban Mixed Use Regional Center designation. The asking price is $709,000, translating to $100,000 per acre. While a portion (5 acres) is under contract with a national retailer, the remaining 7.09 acres offer significant potential for development. This site is ideally suited for senior housing or multifamily projects, given its size and location. Utilities are readily accessible from either the north or south lot boundaries. Importantly, the buyer of the adjacent 5-acre parcel will provide an access easement off Williams Blvd, ensuring convenient access. Prospective buyers are advised to independently verify the school district assignment. This property offers a unique blend of immediate access and future development potential, making it an attractive proposition for discerning investors. The property's location near Williams Blvd SW in Cedar Rapids provides excellent visibility and accessibility. This is a rare opportunity to acquire a sizable parcel in a growing area with high potential for future appreciation.

Property profile
Verified
Property type Land
Lot 7.09 ac (308,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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